Karachi: The Karachi Interbank Offered Rate (KIBOR) remained steady as of May 19, 2025, according to data released by the State Bank of Pakistan. The figures showed that the interest rates for various tenors have not shifted since the last report.
T…
Karachi: The Exchange Companies Association of Pakistan (ECAP) released the closing exchange rates for major currencies, indicating relative stability in the open market as of October 28, 2025. The data, sourced from the State Bank of Pakistan, reveal…
Karachi: The State Bank of Pakistan (SBP) has disclosed figures related to its overnight repo and reverse repo facilities, highlighting a significant level of participation from financial institutions. According to the data provided, on May 19, 2025, …
Islamabad: Bank Alfalah, one of Pakistan’s largest commercial banks, has unveiled Eatsy, an innovative digital dining payment solution that marks a significant advancement in the integration of banking technology with everyday dining experiences. This…
Islamabad: A recent review by the International Monetary Fund (IMF) has approved the disbursement of approximately $1 billion to Pakistan as part of the Extended Fund Facility (EFF), following the Executive Board’s endorsement of the first review. Thi…
KARACHI: Member National Assembly Arshad Abdullah Vohra has urged the Karachi Chamber of Commerce and Industry (KCCI) to present its detailed proposals for the Federal Budget 2025-26. Vohra seeks the Chamber’s guidance to help the Muttahida Business F…